Industry

Industry Update—March 2025

March 13, 2025, 9:30AMNuclear News

Here is a recap of industry happenings from the recent past:

ADVANCED REACTOR MARKETPLACE

BWRX-300 SMR deployment partnership developed

Several U.S. utility companies and supply chain partners have formed a coalition to accelerate deployment of GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor. The coalition, which has applied for $800 million in funding from the Department of Energy’s Generation III+ SMR program, is led by the Tennessee Valley Authority and includes GEH, Bechtel, BWX Technologies, Duke Energy, Electric Power Research Institute, Indiana Michigan Power, Oak Ridge Associated Universities, Sargent & Lundy, Scot Forge, other utilities and advanced nuclear project developers, and the State of Tennessee. TVA previously selected the BWRX-300 SMR for possible deployment at the Clinch River site, near Oak Ridge, Tenn. If the new coalition is awarded the requested DOE funding, TVA intends to accelerate construction of the first SMR at this site by two years, planning for commercial operation by 2033.

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Industry

From the pages of Nuclear News: Industry update January 2024

January 4, 2024, 7:00AMNuclear News

Here is a recap of industry happenings from the recent past:

ADVANCED REACTOR MARKETPLACE

DOE, DOD support X-energy’s microreactor work

The Department of Energy’s Office of Nuclear Energy has signed a one-year cooperative agreement with X-energy designed to advance the development of a design for a transportable mobile microreactor. Under the agreement, the DOE will support X-energy’s work on the architecture and technology for the 3- to-5-MWe microreactor’s preliminary design. X-energy is also the recipient of a Department of Defense contract to develop an enhanced engineering design for a transportable microreactor that will be suitable for both defense and commercial applications.

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Industry

From the pages of Nuclear News: Industry update

March 6, 2023, 3:00PMNuclear News

Here is a recap of industry happenings over the past month:

ADVANCED REACTOR MARKETPLACE

INFUSE program funds 10 private-public projects

As part of the Department of Energy Office of Science’s Innovation Network for Fusion Energy (INFUSE) program, $2.3 million in funding is being awarded to 10 projects that pair private industry with national laboratories for purposes of fusion energy development. The projects are being led by researchers at seven companies: Commonwealth Fusion Systems in Cambridge, Mass.; Energy Driven Technologies in Champaign, Ill.; Focused Energy in Austin, Texas; General Atomics in San Diego, Calif.; Princeton Stellarators in Princeton, N.J.; Tokamak Energy in Bruceton Mills, W.Va.; and Type One Energy Group in Madison, Wis. Through the INFUSE funding, these companies gain access to the expertise of the national labs as they conduct research into fusion energy systems. Each award provides between $50,000 and $500,000 for a one- to two-year project, with a 20 percent cost share for the industry partners.

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